It is important to not disregard historical Fibonacci levels. For example, bitcoin's current all-time highs is within 0.1% of the 1.618 retracement of the Covid lows to the previous all-time highs at 69,000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.